Chinese pharma giant backs hemp project
The board of China’s Renhe Pharmaceuticals Co., Ltd. agreed to develop a broad-based industrial hemp project and three other initiatives in the medical sector. Projects…
Asia
Chinese company gets Yunnan license
Chinese conglomerate Chengzhi Co. Ltd. said its subsidiary Chengzhi Hanmeng has obtained a license to plant hemp in Yunnan Province. The company said the license will help…
Chinese pharma giant invests €64 million in hemp company
Chinese pharma giant Tasly Holding Group Co., Ltd. has invested 500 million yuan (~€64 million/~$75 million) in Puyuan Miaosheng Group (PMG), a biotech company. The…
Trade group gets funding to promote U.S. hemp abroad
A national hemp trade group says it has signed an agreement with the U.S. Department of Agriculture (USDA) that will help U.S. hemp companies market…
Longjin shares jump after acquisition
The share price of China’s Longjin Pharmaceutical hit record highs two days in a row last week on news the company had raised its stake in…
New association brings together hemp giants in China’s Yunnan
Fifteen major Chinese hemp companies joined to anchor a new association in Yunnan as hemp interests in the province continue rapid expansion and extensive research…
Canadian firm says it has licenses to set up CBD processing in China
A Canadian company said it has obtained all licenses necessary to start an indoor hemp growing and extraction operation to produce CBD in China. Mary…
China’s CBD sector experiencing typical teething pains
Like everywhere else in the world, China’s CBD sector is moving along in fits and starts, with some firms making advancements as others stumble amid…
Turkish developers say their technology can strip fiber without retting
Turkish engineers have developed hemp stripping technology they say can turn out one ton of fiber per month, significantly reducing time and labor involved in…
Joint venture aims to kickstart hemp in Uzbekistan
An Uzbek-French joint venture said it will launch Uzbekistan’s hemp industry via a project in the country’s Khorezm region. ABM Organics, established by Tashkent-based Marafon…